It seems more and more automakers will be parting ways with the combustion engine. Last month, Jaguar announced that they will only build battery electric vehicles starting in 2025. Now, another automaker will be joining the club of electric-only brands – Volvo.
Unlike Jaguar, however, Volvo will be taking a bit more time before killing off their combustion engines for good. The automaker said that they will phase out all of its models with internal combustion engines starting 2030. And yes, that includes all of the brand's current hybrid and plug-in hybrid models as well. As a result, all models from Volvo's lineup will only have battery electric vehicles.
The reason for Volvo's shift to selling only fully electric vehicles is part of its ambitious climate plan to reduce its carbon footprint. By 2025, the company expects half of all vehicle sales to be comprised of electric cars and the other half hybrids. Volvo has even started rolling out its pure EV models with the new XC40 Recharge. It will be the first of seven EV models that the automaker plans to roll out in the coming years.
“There is no long-term future for cars with an internal combustion engine. We are firmly committed to becoming an electric-only car maker and the transition should happen by 2030. It will allow us to meet the expectations of our customers and be a part of the solution when it comes to fighting climate change,” said Henrik Green, chief technology officer.
So what can we expect from Volvo in the coming years? After the XC40 Recharge, expect a lot more EV crossovers to follow according to the brand's proposed mid-decade electric portfolio. Thankfully it's not all crossovers. A sedan appears to be included in the mix. With that, if you happen to be in the market for a Volvo with an internal combustion engine, you only have a few years left to order one.